Quote from: muyuu on March 15, 2015, 09:59:59 PM

Quote from: CanaryInTheMine on March 15, 2015, 09:49:36 PM

Chips weren't ordered because there was no money to pay for the order. Attempts at securing necessary funds failed. So the order was never placed due to the lack of funds.

There are many interpretations to there being "no money". No money in AM's remaining funds, no money in the board member's wallets, no money because "only FC has control over the accounts with funds" etc etc.

I personally have no clue what those "attempts at securing funds" consisted of. Maybe this is public information?

If there were no funds before FC disappeared then it has been a full blown scam by everyone with access to this information in the board, since last year.

If the was 'no money', then what happened to the ~60 Ph/s worth of BE200 chips that were ordered in June of 2014? Even if the chips were poorly designed, I'm sure that someone would buy them if heavily discounted.

Also, what was all of this talk about having cheap electricity in northern China? If the rates were as cheap as suggest, why not just self mine?